Gold climbs the most in eight years, while copper and oil fall.
Canada Mining News
Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.
Klondex Mines Ltd. released an update on the company's exploration and project development activities at its True North Gold mine, which was formerly known as the Rice Lake mine, in Manitoba, Canada.
The company is yet to receive an approval of its Kumtor’s 2016 mine plan, which it requires to continue operating the mine beyond June 30.
"The shift schedules are demanding. The work is repetitive. There are issues trying to keep people engaged in the work that they are doing."
To fund it, the miner has proposed a $15-million non-brokered offering of 1.05 million flow-through shares.
Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.
Rumours follow Rio's decision to group its least loved units — coal, uranium salt, borates and its Iron Ore Co. of Canada — under a new umbrella branded as the “energy and minerals” business.
Andrew Harding, once tipped as the most likely person to take the company’s reins, is being replaced by Chris Salisbury, currently leading the copper and coal division.
According to the Association of Mineral Exploration (AME), a number of junior exploration companies and their suppliers and contractors have been approached by First Nations.
Eye-catching lithium discoveries don’t happen every day. When they do, little-known lithium explorers can suddenly find themselves in the investment spotlight.
The joint venture plans to invest the remaining $2,030,000 CAD over the next year in pursuit of its 2015-2017 objectives.
Decision follows the West African country order to expatriates whose work permits were invalid to stop working.
The overseas marketing arm of Saskatchewan’s three largest potash producers, has abandoned its plans to build a $775-million shipping terminal at the Port of Prince Rupert in British Columbia.
With construction expected to start in 2018, the US$669-million Fruta del Norte project could finally begin production before the end of the decade.
Analysts say lost oilsands production from the Fort McMurray wildfire could top 30 million barrels and cost the industry upwards of $1.4-billion.
The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.
While Falco Resources fully owns the Quebec-based Horne project, Glencore has the right to buy back the 65% stake in the mine it inherited when it bought Xstrata.
The company's Bayan Khundii project went from greenfield prospect to the company’s flagship asset in roughly nine months.
President Almazbek Atambayev has ordered state prosecutors to review the legality of agreements signed with the company in 2003-2004 and 2009.
The new technique could help improve environmental outcomes as it uses bacteria instead of chemicals such as cyanide.
Wood Mackenzie expects to see further cuts throughout the year and investment levels continue to shrink as more projects are dropped and companies struggle to breakeven.
The three-billion-year-old diamond the size of a tennis ball was found by Canada's Lucara Diamond last year.
The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.
The company aims to replant forests along old access roads and seismic lines in an area covering 3,900 square kilometres — more than 10 times what it accomplished through its early-stage work.